China Hubei Emission Exchange announced that it has entered into a capital increase agreement for a private placement of 363,636,363 shares at a price of CNY 1.1 per share for gross proceeds of CNY 399,999,999.3 on October 20, 2016. The transaction will include participation from new investor, Shenwu Environmental Technology Co., Ltd. (SZSE:300156) for 50,000,000 shares. Post transaction, the registered capital of the company will increase from CNY 100,000,000 to CNY 500,000,000.